Statement from Supervisory Board of STMicroelectronics
Didier Lombard, the Chairman of the Supervisory Board of STMicroelectronics N.V. (NYSE: STM) announced today the following:
- The decision to propose for shareholder approval at the Company's next Annual General Meeting, the reappointment for a three-year term of Carlo Bozotti as the sole member of the Managing Board and the Company's President and Chief Executive Officer.
- The acknowledgement of Jean-Marc Chery’s appointment as Chief Operating Officer of the Company effective today.
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.
In 2013, the Company’s net revenues were $8.08 billion. Further information on ST can be found at www.st.com.